U.S. Steel locks out union at Lake Erie Works
Apr 29, 2013 | 04:50 PM
| Catherine Ngai
WASHINGTON U.S. Steel Corp. has locked out the nearly 1,000 unionized workers at its Lake Erie Works in Nanticoke, Ontario.
The lockout began at 9 a.m. April 28, according to a bulletin on the United Steelworkers unions website.
While the impact on operations is unclear, the lockout comes as the U.S. sheet market faces overcapacity issues.
Market participants have said that if output were taken offline, it wouldnt be enough to change the capacity situation. However, there could be a short-term impact, they added, noting that the lockout could affect U.S. Steels Hamilton Works in Ontario, which doesnt have a hot-strip mill.....
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